Avangrid - Portland, ME
posted 4 months ago
This position is responsible for accounting and financial reporting analysis under US GAAP and regulatory coordination for all financial information and regulatory filings within Central Maine Power Company (CMP), Maine Natural Gas Corporation (MNG), and Maine Electric Power Company (MEPCO). The primary focus of this role is to oversee all financial information related to CMP, MNG, and MEPCO, including standalone and FERC reporting. The individual in this role will assist in all regulatory processes, as led by the regulatory team, and will also be involved in the forecasting process for both long-term planning and budgets. A thorough understanding of the end-to-end results and reporting for CMP, MNG, and MEPCO is essential. The role requires the individual to review and coordinate monthly performance reporting for CMP, MNG, and MEPCO, ensuring effective communication of results to the ME CEO and MNG CEO, adhering to US GAAP and IFRS standards. The individual will act as the lead liaison with ME Regulatory, reviewing all financial regulatory filings for CMP, MNG, and MEPCO. Additionally, the role involves reviewing and coordinating rate case data responses related to financial information and rate case filings for CMP and MNG, including providing testimony if required. The individual will also assist in the annual budgeting process and three forecast updates annually, specifically focusing on reviewing and providing key inputs and results. Participation in the preparation and review of investment/divestment standards and related valuation work for CMP, MNG, and MEPCO is also part of the responsibilities. Furthermore, the role includes developing, maintaining, and overseeing financial analysis related to ad-hoc requests and ongoing corporate objectives.